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This entry was published on 2014-09-22
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General and administrative provisions
Private Housing Finance (PVH) CHAPTER 44-B, ARTICLE 24
§ 1174. General and administrative provisions. 1. The division shall
issue and promulgate rules and regulations for the administration of
this article. The rules and regulations shall include provisions
concerning reporting, budgeting and recordkeeping requirements;
provision for modification, termination, extension and renewal of
agreements; and such other matters not inconsistent with the purposes
and provisions of this article as the division shall deem necessary,
proper or appropriate.

2. The division may provide appropriate technical services and
assistance to applicants to comply with the provisions of this article.

3. The division shall issue a report to the temporary president of the
senate and the speaker of the assembly, the chairpersons of the senate
and assembly housing committees and the chairpersons of the senate
finance and assembly ways and means committees on or before January
first, nineteen hundred ninety-three and annually thereafter with
respect to funds committed, contracted or disbursed pursuant to the
national affordable housing act. This report shall include but not be
limited to: a description of the programs/projects funded pursuant to
this program; the amount of funds committed, contracted or disbursed
during the previous federal fiscal year; the amount of such funds
derived from bond proceeds; the number of new affordable units
constructed or rehabilitated, including both rental and home ownership;
the number of units created which were constructed or rehabilitated by
combining NAHA funds with other state-assisted housing programs and an
accounting of the amount of such state-assisted housing program funds
expended; and any access to additional HOME funds made available through
any federal fund reallocation. In addition such report shall indicate
the status of the rules and regulations as required in subdivision one
of this section, until such rules and regulations have been promulgated.

4. All state agencies, offices, departments, boards, divisions,
commissions, public authorities and public benefit corporations may
render such services to the division within their respective functions
as may be requested by the division in order to administer the
provisions of this article.